ITT Inc (ITT) Nominates Douglas DelGrosso for Election to Board

ITT Inc. (NYSE: ITT) today announced the nomination of Douglas DelGrosso for election to its Board of Directors at the company’s upcoming 2025 annual meeting of shareholders. Mr. DelGrosso served as president and chief executive officer of Adient plc, a global engineering and manufacturing company with operations in 29 countries, from October 2018 until his retirement in December 2023.

“Over the last several years, the ITT Board has deliberately pursued a refreshment strategy to add seasoned operations executives to our Board with advanced expertise and skills. We are honored at the prospect of having Doug join ITT’s Board of Directors and his election will mark another step in this ongoing evolution. He is an accomplished, results-driven leader with global experience in the markets in which ITT operates and his knowledge will be a powerful asset for us moving forward,” said ITT’s Chairman of the Board Timothy H. Powers.

“As ITT continues to differentiate through execution, innovation, M&A and people, we are pleased to add another experienced global operations leader to our Board. Throughout his career, Doug has shown an incredible understanding of value creation through operational excellence, from his beginnings as an engineer at Lear to three CEO roles across complex businesses. We are humbled to have Doug join the ITT board and know that we will benefit from his extensive experience in developing innovative technologies and executing strategic M&A,” said ITT’s Chief Executive Officer and President Luca Savi.

Mr. DelGrosso’s election to the Board will be effective May 21, 2025 pending shareholder approval at the company’s 2025 annual meeting of shareholders. The Board intends to appoint Mr. DelGrosso to the company’s Nominating and Governance Committee, effective at the time of his election.

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